Matthew Goff Investment Advisor LLC Makes New $3.56 Million Investment in Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

Matthew Goff Investment Advisor LLC bought a new stake in Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 71,302 shares of the company’s stock, valued at approximately $3,565,000. Matthew Goff Investment Advisor LLC owned about 0.52% of Invesco S&P 500 Equal Weight Income Advantage ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of RSPA. CIBC Private Wealth Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the fourth quarter worth approximately $26,000. Sara Bay Financial purchased a new position in Invesco S&P 500 Equal Weight Income Advantage ETF in the 4th quarter valued at $36,000. Brown Lisle Cummings Inc. grew its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 55.3% in the 4th quarter. Brown Lisle Cummings Inc. now owns 1,825 shares of the company’s stock valued at $93,000 after buying an additional 650 shares during the last quarter. Stenger Family Office LLC acquired a new position in Invesco S&P 500 Equal Weight Income Advantage ETF in the 4th quarter valued at $118,000. Finally, JPMorgan Chase & Co. acquired a new position in Invesco S&P 500 Equal Weight Income Advantage ETF in the 3rd quarter valued at $156,000.

Invesco S&P 500 Equal Weight Income Advantage ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Income Advantage ETF stock opened at $52.97 on Tuesday. Invesco S&P 500 Equal Weight Income Advantage ETF has a one year low of $48.51 and a one year high of $53.76. The company has a market cap of $763.83 million, a P/E ratio of 20.77 and a beta of 0.59. The firm has a fifty day moving average of $52.30 and a two-hundred day moving average of $51.85.

Invesco S&P 500 Equal Weight Income Advantage ETF Company Profile

The Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, fund-of-funds, that utilizes equity securities and ETFs to mirror the S&P 500 Equal Weight Index. The fund also employs an options-based income strategy with equity-linked notes (ELNs) for upside participation and downside protection RSPA was launched on Jul 17, 2024 and is issued by Invesco.